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Nov 16, 2012
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the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better protection, and these opportunities run the gamut from following the behavior of those who are in charge at entities like mf global to monitoring and modifying the ways in which the rating agencies do their business, do their job. there have been so many failures in so many ways, not only at an f global, but at other similar stories in recent history. one common strand seems to be that we need to provide our regulators with better tools to pursue the enforcement of law that existed prior to the massive imposition of dot-franc pit which did not have infinite resources and united states, nor in our f
the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better...
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Nov 16, 2012
11/12
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CNBC
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is the environment todayyee i f still a good place to in more or less friendly? >> there is no compare ton. when mr. putin came in, he changed the tax code which made a huge difference.ie ton. when mr. putin came in, he changed the tax code which made a huge difference. it was 13% flat tax, corporation tax 24% and suddenly you couldn't invest in companies because could you understand what was in the financials of the company. so accounting firms grew. advisory firms grew and the market became a much better place to invest. so today i don't believe there is a huge difference. you just have to understand the environment. >> so does it create opportunities? if you're looking around the world and not seeing a lot of attractive places, should russia be one of them? >> russia should be. it's growing at 4%. it's the biggest consumer market in europe. so there is enormous amount of opportunity. the problem has been and continues to be the perception western investors have about investing there. so there is this sort of idea that if you invest in russia, you'll lose your
is the environment todayyee i f still a good place to in more or less friendly? >> there is no compare ton. when mr. putin came in, he changed the tax code which made a huge difference.ie ton. when mr. putin came in, he changed the tax code which made a huge difference. it was 13% flat tax, corporation tax 24% and suddenly you couldn't invest in companies because could you understand what was in the financials of the company. so accounting firms grew. advisory firms grew and the market...
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Nov 16, 2012
11/12
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in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a. don't hold them in your taxable account. >> let's channel our inner howie mandel, deal or no deal on the fiscal cliff? >> we think deal but not this year. we think there will be a deal around the framework potentially but that the real tax and entitlement reform discussions will have to be hammered out in 2013. >> katie nixon, thanks for being with us. >>> let's hear what washington has to say and we'll talk about that more later on this hour of -- >> tyler, despite what could be positive developments, our economy is still of course to a certain extent being held hostage as we await the outcome
in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a....
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Nov 16, 2012
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a lot of people regulate in this environment and we feel like not everybody is talking to each other. however, this report is going to have a large of discussion here people will disagree with the chronology. some will disagree with the findings. but we hope is the solutions, because everybody recognizes the fact that the money went missing and that's a flawed and needed to fix that. so as the solutions come forward, some may not require congress to act. the industry itself may take the perp reactions. some may require beneath enabling legislation for the solution. if they do, we will bring that forward. yes, sir. >> you charge about how the answer is not a regulation that existing was better. he proposed several roles in the last several weeks about the scandal and also development -- >> well, one of the things that came out of that number one, don't use the alternative method. i think it's a good ting on their behalf. but we do hope is the regulatory community is doing a self-examination of coming in zero, this process as well. we hope this will provide additional information. they
a lot of people regulate in this environment and we feel like not everybody is talking to each other. however, this report is going to have a large of discussion here people will disagree with the chronology. some will disagree with the findings. but we hope is the solutions, because everybody recognizes the fact that the money went missing and that's a flawed and needed to fix that. so as the solutions come forward, some may not require congress to act. the industry itself may take the perp...
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Nov 16, 2012
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in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not dependent on any single market. >> about 90 million in net proceeds to the company from this ipo. what are you going to do with the money? >> i think we will buy some shoes. no. >> that's a lot of shoes. >> there's a lot of investment to be made. we feel very strong about the market so in the near term we are going to certainly invest in our engineering and sales and service but also i think, you know, there are lots of technologies in adjacent markets that are interesting. we may want to grow faster than we would -- >> thank you for stopping by. selina lo
in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not...
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Nov 16, 2012
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he has responsibilities that the environment that the environment and public works committee to i believe he is going to post a reduction of greenhouse gas emissions. >> first of all -- >> how lolita. >> you were supposed to be there, too. >> thank you, senator mccain. i do have to get up to the committee. committee. i did appreciate it let me ask to short questions if i might, and one, i want to get on record in agreeing with the comments that senator mccain made about general allen. secondly, in response to a written question, general, it said you agree to follow recovery of 33,000 u.s. search force in afghanistan for the reduction in u.s. worst level should continue at a steady pace to 2014 be your response was i agree that there will be further troop reductions through 2014, but the pace of the withdrawal over the next 25 months would depend on several factors. one of this is the readiness. we had a hearing, may 10 and you testified at the hearing. i've always considered you to be one of the real top individuals, understanding and evaluating training. and you and i talked about this b
he has responsibilities that the environment that the environment and public works committee to i believe he is going to post a reduction of greenhouse gas emissions. >> first of all -- >> how lolita. >> you were supposed to be there, too. >> thank you, senator mccain. i do have to get up to the committee. committee. i did appreciate it let me ask to short questions if i might, and one, i want to get on record in agreeing with the comments that senator mccain made about...
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Nov 16, 2012
11/12
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FBC
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that counts right now in this environment, and they're saying things don't look good. neil: scale back workers' hours. going, you know, obviously look at a lot of things. that was before any of this. >> factoring in the heavy added health care costs among worried about the fiscal cliff and higher taxes and worried about the consumer. the holiday shopping season is not looking good. look at these retailers' command they're talking about how competitive the environment is going to be, that translates to we are going to have to mark things down so low just to get folks through the door. neil: opening on thanksgiving night. >> 8:00. neil: with your in-laws, probably not a bad idea. i digress. no wonder you're building that bunker in bermuda. what do you think of what was just said? >> at the center is 100 percent correct. don't forget last week mcdonald's for the first time in a decade came out with lower sales. using huge pressure on the consumer. nothing is changed structurally. we still have around 8 percent unemployment. that is not changed. nothing in the future shows
that counts right now in this environment, and they're saying things don't look good. neil: scale back workers' hours. going, you know, obviously look at a lot of things. that was before any of this. >> factoring in the heavy added health care costs among worried about the fiscal cliff and higher taxes and worried about the consumer. the holiday shopping season is not looking good. look at these retailers' command they're talking about how competitive the environment is going to be, that...
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Nov 16, 2012
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when it's related to the environment. it's some $20 billion this is a big story but it's an even bigger story ahead. >> there have been so many fines there a silver lining to all of this? does this make the deep water drilling safer going into the future? >> well it's certainly a goodstr investors and the shareholders will see the company in a greater light. brrchltbut unfortunately we aret going to see the end to oil spills. it's a slap on the wrist and it doesn't change regulations or the risk involved. bp was a reasonably qualified company to do this type of drilling. there is probably other drillers who are not as careful as bp has been in the past and may not be in the future. >> so to put this inperspectives and the prison term and the apology from bp. is there any satisfaction for the victims? does the punishment fit the crime. >> suzie i think not enough.we d as a result of the disaster no. 1. and no. 2 there is still risk involved that the regulations and the process of risky drilling encoupl encumbers. and this
when it's related to the environment. it's some $20 billion this is a big story but it's an even bigger story ahead. >> there have been so many fines there a silver lining to all of this? does this make the deep water drilling safer going into the future? >> well it's certainly a goodstr investors and the shareholders will see the company in a greater light. brrchltbut unfortunately we aret going to see the end to oil spills. it's a slap on the wrist and it doesn't change...
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Nov 16, 2012
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caused devastating loss to the victims and environment and under mined the truth seeking function of congress. and by hiding the severity of the spill b.p. caused another type of harm that is our focus. harm to the shareholders, to the investing public and market all of which are entitled to transparent and complete and accurate information. the eyes of the world were on b.p. in the spring and summer of 2010, the company had an opportunity to provide accurate disclosure about the facts needed by the public to make informed decision about investment and they chose to mislead the public. that is not what we expect from public companies and their management and it is in times of congress the need for accurate information is most acute. i want to recognize the hard work of the f.c.c. staff that conducted this investigation including brian thomas and mat ralph. they are the kind of public servants that americans can be proud of. i want to thank the members of the deep water horizon task force. and i want to thank the leadership of the department of justice, the attorney general, associate
caused devastating loss to the victims and environment and under mined the truth seeking function of congress. and by hiding the severity of the spill b.p. caused another type of harm that is our focus. harm to the shareholders, to the investing public and market all of which are entitled to transparent and complete and accurate information. the eyes of the world were on b.p. in the spring and summer of 2010, the company had an opportunity to provide accurate disclosure about the facts needed...
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Nov 16, 2012
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back into favor because of the relative valuations and also the nice dividend yield in this market environment. so, two names that had kind of been thrown to the wayside, dell and cisco, i kind of like down around these levels. > > let's talk about some levels were you would buy, starting with cisco systems. what is your buying point on this stock? > > really anywhere around here. they came out with what i thought were really nice numbers, not only on the earnings side, but more importantly on the revenue side. this stock has gotten sold into submission with fears that government spending, which is a big component of cisco, will fall off that fiscal cliff so to speak. but not the case, and cisco is priced for utter disaster. so, i also like it on a yield basis. it's yielding way more than the 30-year bond here. > > no fiscal for cisco. so what about dell? where would you want to own this? > > same kind of story there. dell is reinventing itself as more of a services company. certainly the hardware side is languishing to say the least, but, again, you are looking at a market multiple that's bel
back into favor because of the relative valuations and also the nice dividend yield in this market environment. so, two names that had kind of been thrown to the wayside, dell and cisco, i kind of like down around these levels. > > let's talk about some levels were you would buy, starting with cisco systems. what is your buying point on this stock? > > really anywhere around here. they came out with what i thought were really nice numbers, not only on the earnings side, but more...
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do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. two thousand. and six. feet. two thousand. years one of the largest rivers in the world the plan is to dam all the major tributaries of the amazon river. there will be immense pressure not only on ecological reserves but also on the communities and the territories that are used sustainably by indigenous people. meanwhile agribusiness is encroaching illegal logging is taking place and so the shingle basin is now at a crossroads and this is there's a resistance against this dam project that was going on for twenty years. who had gathered here to defend all waters as it on demand so right. to finish it and these energy will power and the big aluminum companies and on mining companies who are well and resources.
do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. two thousand. and six. feet. two thousand. years one of the largest rivers in the world the plan is to dam all the major tributaries of the amazon river. there will be immense pressure not only on ecological reserves but also on the...
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Nov 16, 2012
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restructuring and says it is on track to return profits in 2013, but high fuel costs and a poor economic environment continued to weigh on profits. air berlin is not alone in going through some turbulence. this is not a great time for europe's airlines. >> many are struggling to stay in business. here's a look at the litany of problems they face. >> scandinavian airline sas is fighting for survival. the carrier has not turned a profit in five years. it is not alone. just last week, spain's flagship carrier said it would cut nearly a quarter of its work force in an effort to remain competitive. sas alone plans to cut more than 1/3 of its 15,000 employees. air france is looking to reduce staff to 45,000 workers. and germany's lufthansa is also in the midst of a painft- cutting program. earlier this week, the airline struck a deal with unions to raise cabin crew pay in exchange for no strikes over the christmas holidays. >> coming up, we've got some sports news for you. >> first, some other stories making news around the world. three demonstrators have vented their anger at a german consul. he was head
restructuring and says it is on track to return profits in 2013, but high fuel costs and a poor economic environment continued to weigh on profits. air berlin is not alone in going through some turbulence. this is not a great time for europe's airlines. >> many are struggling to stay in business. here's a look at the litany of problems they face. >> scandinavian airline sas is fighting for survival. the carrier has not turned a profit in five years. it is not alone. just last week,...
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not a group inquired required to have their programs tested before they're put in the live production environment we also need to have kill switches in case these cheat of programs go feral and finally we need to find these guys if they do something that's wrong if they violate the law by the second. i'm like by the day hundred forty grand by the day by the violation but these guys can make millions in seconds and so we should date our policy and fine by the second also lauren ok i totally hear you let's go into a little bit more of how this works first backing up those five crash was a wake up call i totally hear you but even after the flash crash i know because scott patterson who wrote the book dark pools he looked at this very closely and i am new to him and he was at a credit suisse traitorous forum after the flash crash where all these algorithmic h.s.t. traders were worried they played the obama soundbite where he said i didn't go to washington to help wall street fat cat. and they were born each other we have to rein it in or else regulators are going to come down on us and it's been a ye
not a group inquired required to have their programs tested before they're put in the live production environment we also need to have kill switches in case these cheat of programs go feral and finally we need to find these guys if they do something that's wrong if they violate the law by the second. i'm like by the day hundred forty grand by the day by the violation but these guys can make millions in seconds and so we should date our policy and fine by the second also lauren ok i totally hear...
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Nov 16, 2012
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FBC
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you can actually have a pleasant environment pleasing to the eye and that's what we've done. liz: he is talking about the pink lights, folks. when you get on virgin american planes and get pink lights and funky music. it is absolutely a pleasant experience once you get on. what is happening? you're canceling aircraft orders. you canceled the boeing orders. canceling 20 of your 30 airbus orders. why? >> we had a look at it this summer. we had significant growth coming up we went through a major growth spurt, 75% increase over last couple years. what we looked at if you look at fuel prices where we are, and look at slow economic growth the country is going through that simply we were not going to return adequate return on capital. we had a call with airbus. they had other customers that wanted airplanes. we decided to pull out in the reins a little bit until we get more clarity. david: gas prices no joke for drivers on the ground or in the air. you guys have a $75 million unrestricted cash balancee how much of that would be eaten up if gas prices go up even higher than they are
you can actually have a pleasant environment pleasing to the eye and that's what we've done. liz: he is talking about the pink lights, folks. when you get on virgin american planes and get pink lights and funky music. it is absolutely a pleasant experience once you get on. what is happening? you're canceling aircraft orders. you canceled the boeing orders. canceling 20 of your 30 airbus orders. why? >> we had a look at it this summer. we had significant growth coming up we went through a...
WHUT (Howard University Television)
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Nov 16, 2012
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also reform is very difficult particularly in the middle of a very unstable environment such as the u.s. fiscal cliff and the european debt crisis. china's government needs a very stable export sector as it would take some time before the domestic consumption can be built up to a fully -- a full capacity that can substitute the export sector as one of the main engines of the economic growth. >> reporter: meanwhile, china has been boosting economic ties with countries in east and southeast asia and the policy seems to be unchanged. >> i think both east asia and southeast asia are important economic partners with china. given the economic problems in the u.s. and europe, china would be interested to promote more free trade within this economic bloc because china can out source at lower value for example in vietnam, cambodia, etcetera, so china can move up the chain by adding values to these products and then sell these products to richer neighbors such as japan and south korea. >> many chinese people are staying away from japan because of a bilateral territorial dispute. the number of chi
also reform is very difficult particularly in the middle of a very unstable environment such as the u.s. fiscal cliff and the european debt crisis. china's government needs a very stable export sector as it would take some time before the domestic consumption can be built up to a fully -- a full capacity that can substitute the export sector as one of the main engines of the economic growth. >> reporter: meanwhile, china has been boosting economic ties with countries in east and southeast...
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Nov 16, 2012
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no one serious would argue that now, five years is a very, very long time in this environment. >> rose: will they in the next five years be able to move this from the sort of exporting economy model to a domestic demand model? >> i mean, the distinction between reformers and conservatives is a bit of an artifice, everyone that is meaningful in china that runs the country knows that they have to shift and trance form the economy, but the fact that someone is in favor of reform does not mean they are in favor of free market reform. so clearly there is going to be a lot of interest in redistributing wealth and whether or not they can move on that is an open question. but trying to ensure that folks, more people get into the middle classes, there is less dissent and less dissatisfaction with their lot in life as growth in china slows. >> rose: can the communist party as it exists today in its closed way, how long does it have? >> i have an answer for that. as i think i have discussed with you before, charlie, one of the main impressions to me of living in china opposite things are always t
no one serious would argue that now, five years is a very, very long time in this environment. >> rose: will they in the next five years be able to move this from the sort of exporting economy model to a domestic demand model? >> i mean, the distinction between reformers and conservatives is a bit of an artifice, everyone that is meaningful in china that runs the country knows that they have to shift and trance form the economy, but the fact that someone is in favor of reform does...
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it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. sitting down with r.t. for a one on one interview is robert mcnally the founder and president of the rapid and group mr mcnally also served as top domestic and international energy adviser to george w. bush mr mcnally thank you very much for sitting down with r.t. today you're very welcome glad to be here you have said that the u.s. the e.u. and israel give a fifty fifty probability that a war with iran would happen how big of a window of opportunity still exists to prevent any military action well i think it's closing very quickly iran. according to most nonproliferation experts nuclear experts will by sometime next year be at the point where they could quickly break out and enrich enough weapons grade uranium to then later weaponize and it's the enrichment process which is the most detectable and stoppable or to label part of building a nu
it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. sitting down with r.t. for a one on one interview is robert mcnally the founder and president of the rapid and group mr mcnally also served as top domestic and international energy adviser to george w. bush mr mcnally thank you very much for...
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Nov 16, 2012
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you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic energy resources, refuses the keystone pipeline which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other spending. the wars and
you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic...
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do like it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. and . to. follow in welcome to crossfire computable again gaza is under military assault what do the israelis hope to achieve this time around four years ago an invasion killed over a thousand palestinians and destroyed much of the strips infrastructure in the end hamas remained intact in gaza still under siege what can the israelis do now that they haven't done before. and. to cross out the events unfolding in gaza i'm joined by harry fear in gaza he is a documentary filmmaker and activist in washington we have daniel pollack he is co-director of government relations for the zionist organization of america and in new york we cross to norman finkelstein he is a political analyst and author all right gentlemen cross talk rules in effect that means you can jump in as you wish i hear if i go to you first you're in gaza tell us what's happened t
do like it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. and . to. follow in welcome to crossfire computable again gaza is under military assault what do the israelis hope to achieve this time around four years ago an invasion killed over a thousand palestinians and destroyed much of the strips...
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agreed to plead guilty to charges in the deadly fuel spill in the gulf of mexico which devastated the environment and claimed the lives of eleven people the corporation will pay a record settlement with the us authorities are worth four point five billion dollars in return for the case being three employees had to face charges over twenty ten disaster of them of manslaughter the company will soon get that money from the sale of fifty percent of ten k. be paid to the russian ross net. but you also have got to start have discussed a number of differences as they begin talks over new security arrangements after nato was draws in twenty fourteen and all the questions raised are how big the u.s. military presence will be and whether they'll be granted immunity from prosecution . and what the details from kabul. the u.s. and afghanistan have kicked off talks on thursday tough talks about the security framework agreement that the two countries will maintain after most of the nato combat forces withdraw from the country at the end of twenty fourteen now these are expected to be rather controversial conte
agreed to plead guilty to charges in the deadly fuel spill in the gulf of mexico which devastated the environment and claimed the lives of eleven people the corporation will pay a record settlement with the us authorities are worth four point five billion dollars in return for the case being three employees had to face charges over twenty ten disaster of them of manslaughter the company will soon get that money from the sale of fifty percent of ten k. be paid to the russian ross net. but you...
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but i think also, though, he didn't -- he was not sufficiently angry enough in this environment that the primary process was fought in. he wasn't anti-intellectual enough. >> and downplayed his conservatism. >> that was the biggest mistake. he downplayed his conservatism from the very beginning. and i want to say again, mark halperin, the anti-intellectualism in the republican party over the past decade has been growing. that's another thing bobby jindal has been talking about. that's got to change. that's got to change. we not only have to win over hispanics, we've got to win over educated hispanics. educated african-americans. educated white people. educated people of all races with ph.d.s, an area we've been losing for decades. >> and joe, there's another issue that i know you think a lot about and thought a lot about that huntsman also talked about which is afghanistan and ending the war. that's another populist issue that i think republicans missed in 2012. the president was for winding down the war. you had others who didn't run that thought that that was an issue to tap into a
but i think also, though, he didn't -- he was not sufficiently angry enough in this environment that the primary process was fought in. he wasn't anti-intellectual enough. >> and downplayed his conservatism. >> that was the biggest mistake. he downplayed his conservatism from the very beginning. and i want to say again, mark halperin, the anti-intellectualism in the republican party over the past decade has been growing. that's another thing bobby jindal has been talking about....
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Nov 16, 2012
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don't call in sick, and they make it clear they're walking off because they are protesting the work environment there at walmart where they don't feel they're being heard appropriately, are they likely to be fired? >> we want to listen to them. we want to hear whatever their concerns are. you know, not with a union representative there. they've been to our home offices. we want to sit down and listen to them, but they don't want to do that. every circumstance is going to be different on black friday. we'll take them on a case by case basis. >> we hope you can figure this out. thank you, david. >> thanks for having me on. >>> we are counting down to the bell. let's take a look at what the dow is up to. we have been all over the place today. at this stage, we're moving up by 0.3%. that's 37 points. >> i've heard the bias on the close is to the up side, to the buy side. we'll see if that holds. apple shares have lost a quarter of its value in the past two months alone. when we come back, we'll look at if this is the ultimate bargain or ultimate value trap in talking numbers. >>> plus, delta is res
don't call in sick, and they make it clear they're walking off because they are protesting the work environment there at walmart where they don't feel they're being heard appropriately, are they likely to be fired? >> we want to listen to them. we want to hear whatever their concerns are. you know, not with a union representative there. they've been to our home offices. we want to sit down and listen to them, but they don't want to do that. every circumstance is going to be different on...
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they can't survive in that kind of environment. and so there's a long -- it could take decades before we know the impact, for example, on tuna and some of the other species of fish because, as i said, things build up. you don't know. >> something you were pointing out during the break which i didn't realize is that even though bp has agreed to pay the settlements to the s.e.c. and the federal government, there is a civil suit they're pushing forward with. >> that's under the clean water act. they're attempting to prove gross negligence led to this spill and if they can do that, they can be fined up to $4400 per barrel that was leaked and that could total more than $20 billion. if the government's able to make that case. there's a trial set to begin in february down in new orleans in u.s. district court. bp may settle before that. if they can -- if the government and the states all agree that the amount that they propose is okay. >> still individual lawsuits. folks affected by the business. >> there are thousands of cases where comp
they can't survive in that kind of environment. and so there's a long -- it could take decades before we know the impact, for example, on tuna and some of the other species of fish because, as i said, things build up. you don't know. >> something you were pointing out during the break which i didn't realize is that even though bp has agreed to pay the settlements to the s.e.c. and the federal government, there is a civil suit they're pushing forward with. >> that's under the clean...
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. >> ( translated ): in the new environment, our party faces many severe challenges and there are many pressing problems within the party that need to be resolved. the problems among the party members and card res of corruption taking bribes, being out of touch with the people, undue emphasis on formalities and bureaucracy must be addressed with great effort:. >> ( translated ): -- >> reporter: we know only a little about xi. he's the son of a communist party hero. his daughter is at harvard and his wife is a famous singer. she holds a rank in the people's liberation army equivalent to major general but has disappeared from view since her husband was picked for the top. the other five on stage today are a conservative lot, reformers lost out in this reshuffle. this man studied economics in north korea. the man on the right has been in charge of propaganda and censorship. yesterday the politburo voted to include in their constitution outgoing president hu jintao's theory of scientific development. all in favor? anyone against? no one. no one. it's a show. important decisions like who wi
. >> ( translated ): in the new environment, our party faces many severe challenges and there are many pressing problems within the party that need to be resolved. the problems among the party members and card res of corruption taking bribes, being out of touch with the people, undue emphasis on formalities and bureaucracy must be addressed with great effort:. >> ( translated ): -- >> reporter: we know only a little about xi. he's the son of a communist party hero. his...
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there is a changing security environment. there are some broader issues. we need to see if they dig into those issues. >> we appreciate your joining us. form on friday on the so-called fiscal cliff. -- >> a forum on friday on the so-called fiscal cliff. we will bring that for you live at 8:15 a.m. eastern on c-span 2. >> the senate armed services committee heard from president obama's nominee to lead the war in afghanistan. he is currently the second highest ranking officer in the marine corps and will grow place region will replace john allen. -- the second highest ranking officer in the marine corps and will replace john allen. this is two and a half hours. >> good morning, everybody. to be the next commander of the international security assistance force. this morning's hearing was originally scheduled to include the nomination of john allen to be commander of the u.s.- european command and supreme allied commander. general allan holds the position for which general done for is nominated. the department of defense request the nomination be put on hold p
there is a changing security environment. there are some broader issues. we need to see if they dig into those issues. >> we appreciate your joining us. form on friday on the so-called fiscal cliff. -- >> a forum on friday on the so-called fiscal cliff. we will bring that for you live at 8:15 a.m. eastern on c-span 2. >> the senate armed services committee heard from president obama's nominee to lead the war in afghanistan. he is currently the second highest ranking officer in...
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dell says a challenging macro economic environment is continuing into the current quarter. >>> schiff nutrition is the subject of a bidding war between two players, it had previously agreed to be bought by bayer. >>> hostess is expected to announce if it's going to go ahead with plans to liquidate, this is something it's been threatening to do if striking workers didn't return. hostess is operating under bankruptcy protection and we've been watching that closely. on a global report, there are reports out of israel, two hamas rockets have hit southern tel aviv, landed in an open field and reports say they did not cause any damage but this comes after a night of air strikes by israel against hamas in the gaza strip and we are watching that situation closely as well. joe? >> cnbc is making the push to rise above and yesterday former wyoming senator, alan simpson and the simpson of simpson-bowles spoke to cnbc and pretty much laid out our campaign. >> the leaders of both parties who think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we co
dell says a challenging macro economic environment is continuing into the current quarter. >>> schiff nutrition is the subject of a bidding war between two players, it had previously agreed to be bought by bayer. >>> hostess is expected to announce if it's going to go ahead with plans to liquidate, this is something it's been threatening to do if striking workers didn't return. hostess is operating under bankruptcy protection and we've been watching that closely. on a global...
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Nov 16, 2012
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they create a environment which we can make or not make money. it is tough for investors. there will be volatile days. the trick for investors to have enough liquidity in their portfolio that they don't have to trade on these volatile down days. they're ready to take some opportunities when, when they find some good earnings. tracy: like what? let's say this market falls further. you go in. you start buying. what are you buying? >> i think we're, we're buying companies with a following characterics. we're buying companies that have strong brands. that have technology that is hard to replicate and have access to growing markets. the tough part of being an investor, you find companies like that in a lot of sectors and find them with headquarters in a lot of different countries. you want to look for the characterics of companies, not the kind of thing --. tracy: like what? hospitals for instance? >> i can't name. i'm not here to name names. we know that hospitals are are run very efficiently will ben at this time from obamacare. that is, they're well-positioned for that. we k
they create a environment which we can make or not make money. it is tough for investors. there will be volatile days. the trick for investors to have enough liquidity in their portfolio that they don't have to trade on these volatile down days. they're ready to take some opportunities when, when they find some good earnings. tracy: like what? let's say this market falls further. you go in. you start buying. what are you buying? >> i think we're, we're buying companies with a following...
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it's not good for the environment and future generations and americans in general. reporter: he paid the irs $2 million when he inherited the ranch more than two decades ago. at this point, his children will have to pay $13 million. reporter: that will jump to 52 million estates who will be affected by this. farmers say it hurts them because all their money is in the dirt and not in their pocket. jon: the fact he pay taxes on your life and that he pay them again when you die, it's a great system thank you well, we finally seeing some compromise between capitol hill and the white house? details of what takes place at that meeting between the president and congressional leaders. is there some agreement here somewhere? jenna: plus, we are watching the volatile situation between israel and hamas militants. day three of airstrikes. israel is wondering if there is a ground assault on the way. we have answers ahead. [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to
it's not good for the environment and future generations and americans in general. reporter: he paid the irs $2 million when he inherited the ranch more than two decades ago. at this point, his children will have to pay $13 million. reporter: that will jump to 52 million estates who will be affected by this. farmers say it hurts them because all their money is in the dirt and not in their pocket. jon: the fact he pay taxes on your life and that he pay them again when you die, it's a great...
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Nov 16, 2012
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unlike human beings, as we change the environment is bad for the environment, beavers form wetlands other species could move into. he's important. >> what else does he eat besides bananas? >> vegetation and he likes to eat tree bark. he has teeth on them that are so much enamel that are bright orange. these guys chop down trees and build dams with them. >> you don't want to get in front of an angry beaver. >> bring out the owl. >> let me put the baby alligator away. the last animal is another species that would have been -- >> what are they called? >> barn owl. these are a species native to europe. european colonists would have been used to seeing these guys. these animals can find prey in pitch darkness. >> you're kidding. >> tests have been done on these species, they've removed every iota of light. they are called barn owls, because they are one of the few species that can live in human structures and benefit from our building. >> is that okay on your hand, looks like he's breaking skin. >> this is the first time you haven't been pooped on or bleeding. the turkey did enough for everybo
unlike human beings, as we change the environment is bad for the environment, beavers form wetlands other species could move into. he's important. >> what else does he eat besides bananas? >> vegetation and he likes to eat tree bark. he has teeth on them that are so much enamel that are bright orange. these guys chop down trees and build dams with them. >> you don't want to get in front of an angry beaver. >> bring out the owl. >> let me put the baby alligator...
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the herds of cows that dairy farmers are working hard every day against a very challenging market and environment. we have a solid reform in the farm bill in terms of setting up a risk insurance plan for the first time in american history. have full support from the dairy industry and dairy providers. lots of compromise and negotiation. again, a $23 billion reduction to the deficit in terms of last -- the last farm bill. that was done on june 19. since then the house leadership has refused to bring a farm bill to the floor despite the fact that the house agriculture committee, which i sit on, actually passed a bipartisan measure, so it was teed up and ready for action here on the house floor. and yet we have gone five months since the senate acted. we have seven weeks of recess prior to this past tuesday. we have american farmers who are sitting out there trying to figure out what on earth is going to be the future in terms of their production and their businesses. and as i said, if you look at the one example of milk, without having a farm bill in place on january 1, we are going to see basicall
the herds of cows that dairy farmers are working hard every day against a very challenging market and environment. we have a solid reform in the farm bill in terms of setting up a risk insurance plan for the first time in american history. have full support from the dairy industry and dairy providers. lots of compromise and negotiation. again, a $23 billion reduction to the deficit in terms of last -- the last farm bill. that was done on june 19. since then the house leadership has refused to...